Increased oil company spending bodes well for Alaska businesses

Kay Cashman

PNA Editor-in-Chief

Phillips Alaska Inc. is anticipating higher oil production from the North Slope — as much as 15 percent higher over the next five years. “This winter we will execute one of our most aggressive exploration programs in recent history,” Phillips Alaska President and CEO Kevin Meyers told PNA Oct. 18. “....

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More production = more spending

Contractor reactions mixed

Here is what they had to say:

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